Section 17 in The Industrial Development Bank Of India Act, 1964
17. Debits to Development Assistance Fund .-(1) To the Development Assistance Fund shall be debited-
(a)such amount as may from time to time be disbursed or spent under sub-sections (1) to (3) of section 16;(b)such amount as may be required for discharging the liabilities in respect of loans received for the purposes of that fund;(c)any loss arising on account of investment made out of that fund; and(d)such expenditure arising out of, or in connection with, the administration and application of the fund as may be determined by the Board.(2)No amount shall be debited to the Development Assistance Fund except as provided for in sub-section (1).
